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Exports In 2022, India exported $8.28M in Tower cranes, making it the 17th largest exporter of Tower cranes in the world. At the same year, Tower cranes was the 2291st most exported product in India. The main destination of Tower cranes exports from India are: Germany ($2.83M), Peru ($1.79M), Chile ($720k), Bangladesh ($516k), and Saudi Arabia ($469k).

The fastest growing export markets for Tower cranes of India between 2021 and 2022 were Peru ($1.79M), Germany ($807k), and Chile ($720k).

Imports In 2022, India imported $28.6M in Tower cranes, becoming the 20th largest importer of Tower cranes in the world. At the same year, Tower cranes was the 1526th most imported product in India. India imports Tower cranes primarily from: China ($12M), Denmark ($7.22M), Germany ($3.13M), Kuwait ($3.04M), and Italy ($1.53M).

The fastest growing import markets in Tower cranes for India between 2021 and 2022 were Denmark ($7.2M), China ($5.06M), and Germany ($3.13M).

COMPANIES In 2023, leading companies such as John Deere (6.8k), IKEA Group (6.65k), and Old Navy (4.68k) were at the forefront of shipping Tower cranes from India to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Tower cranes. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.28M
IMPORTS (2022)$28.6M
NET TRADE (2022)-$20.3M

In 2022, India exported $8.28M in Tower cranes. The main destinations of India exports on Tower cranes were Germany ($2.83M), Peru ($1.79M), Chile ($720k), Bangladesh ($516k), and Saudi Arabia ($469k).

In 2022, India imported $28.6M in Tower cranes, mainly from China ($12M), Denmark ($7.22M), Germany ($3.13M), Kuwait ($3.04M), and Italy ($1.53M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tower cranes EXPORT MARKETS FOR India WERE (2021 - 2022):
Peru$1.79M (1%)
Germany$807k (40%)
Chile$720k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tower cranes BY India WERE (2021 - 2022):
Egypt-$458k (-74.7%)
Spain-$315k (-100%)
Nigeria-$270k (-86.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Tower cranes were:
In 2022, India's main importing competitors in Tower cranes were:

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Trade Value of Tower cranes by Exporters

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